Bakers Oven

Last updated

Bakers Oven
Company typeSubsidiary
Industry Food (Bakery Group)
Founded1976
DefunctDecember 2008
ProductsBread, Sandwiches, Drinks and pastries; baked goods

Bakers Oven was a British bakery chain. In May 1994, it was acquired by Greggs; in December 2008, the shops of Bakers Oven were renamed as Greggs.

Contents

History

The front fascia of a Bakers Oven. Bakers Oven.jpg
The front fascia of a Bakers Oven.

Bakers Oven was founded by Allied Bakeries in 1976, and its first location was in Barnard Castle. [1] In 1984, the company acquired the sixty four outlets of Carricks of Newcastle, and converted them to Bakers Oven. [2] In March 1990, there were 628 outlets and four main bakeries. [3]

In May 1994, it was sold to Greggs for £18.5 million in cash. [4] The transaction included 424 shops and two main bakeries, one in Twickenham, and one in Newcastle. [4] The majority of outlets of Bakers Oven were located in the South of England, whilst most Greggs outlets were in the North, so the property portfolios were complementary. [5] 20% of stores were freehold. [6]

Both chains had sales of around £100 million, but Greggs was significantly more profitable. [5] 169 Bakers Oven outlets had in store bakeries, and 170 outlets provided seating. [3] After the takeover by Greggs, shops of Bakers Oven coexisted with Greggs, offering higher quality at higher prices, and focussing on a higher socio economic demographic. [7] The 2007 Retail Directory stated that were 216 outlets of Bakers Oven. [8]

Rebranding to Greggs

On 9 December 2008, Greggs announced that Bakers Oven South and Midlands divisions would fully merge with Greggs plc. All 165 shops of Bakers Oven became Greggs, forming the division of Greggs East.[ citation needed ]

Related Research Articles

Next plc, trading as Next (styled as NEXT) is a British multinational clothing, footwear and home products retailer, which has its headquarters in Enderby, England. It has around 700 stores, of which circa 500 are in the United Kingdom, and circa 200 across Europe, Asia and the Middle East. Next is the largest clothing retailer by sales in the United Kingdom, having overtaken Marks & Spencer in early 2012 and 2014. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">HMV</span> Public entertainment retailing company

HMV is a music and entertainment retailer, founded in the United Kingdom in 1921. In most of the world, the brand is owned by JD Sports and operated by Sunrise Records, except in Japan, where it is owned and operated by Lawson.

<span class="mw-page-title-main">Associated British Foods</span> British food company

Associated British Foods plc (ABF) is a British multinational food processing and retailing company headquartered in London, England.

<span class="mw-page-title-main">Primark</span> Irish multinational fast-fashion company

Primark Stores Limited is an Irish multinational fashion retailer with headquarters in Dublin, Ireland, with outlets across Europe and in the United States. The original Penneys brand is not used outside of Ireland because it is owned elsewhere by American retailer J. C. Penney.

Arcadia Group Ltd was a British multinational retailing company headquartered in London, England. It was best known for being the previous parent company of British Home Stores (BHS), Burton, Dorothy Perkins, Debenhams, Evans, Miss Selfridge, Topman, Topshop, Wallis and Warehouse. At its peak, the group had more than 2,500 outlets in the UK and concessions in UK department stores and several hundred franchises operated internationally.

<span class="mw-page-title-main">Au Bon Pain</span> American bakery and cafe chain

Au Bon Pain is an American fast casual restaurant, bakery, and café chain headquartered in Richardson, Texas, which operates 175 locations in the United States, Thailand, and Taiwan. The company is currently owned by AMPEX Brands.

<span class="mw-page-title-main">Our Price</span> Chain of record stores from 1971 to 2004

Our Price was a British high Street chain of record stores in the United Kingdom and Ireland from 1971 until 2004. Ourprice.com reopened online on 30 April 2024 with new owners.

<span class="mw-page-title-main">Fenwick (department store)</span> British department store chain

Fenwick is a British chain of department stores in the United Kingdom. It was founded in 1882 by John James Fenwick in Newcastle upon Tyne, and today consists of nine branches. It was a member of the International Association of Department Stores from 1988 to 2010.

<span class="mw-page-title-main">Greggs</span> Bakery chain in the United Kingdom

Greggs plc is a British bakery chain. It specialises in savoury products such as bakes, sausage rolls, sandwiches and sweet items including doughnuts and vanilla slices. It is headquartered in Newcastle upon Tyne, England. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index. Originally a high street chain, it has since entered the convenience and drive-thru markets.

George Weston Limited, often referred to as Weston or Weston's, is a Canadian holding company. Founded by George Weston in 1882, the company today consists of the Choice Properties real estate investment trust and Loblaw Companies Limited, Canada's largest supermarket retailer, in which it maintains a controlling interest. The company is majority owned by Wittington Investments, Ltd Canada, a holding company that the Weston family are the controlling share holders in. Retail brands include President's Choice, No Name and Joe Fresh. The former Weston Bakeries division, which owned the brands Wonder, Country Harvest, D'Italiano, Ready Bake and Gadoua, was sold off to FGF Brands in 2022.

<span class="mw-page-title-main">W. Garfield Weston</span> Canadian businessman & philanthropist (1898-1978)

Willard Garfield Weston was a Canadian businessman and philanthropist who was a member of the prominent Weston family. He led George Weston Limited and its various subsidiaries and associated companies, including Associated British Foods, for half a century and established one of the world's largest food processing and distribution concerns. He also served as a Member of Parliament (MP) in the British House of Commons during World War II.

<span class="mw-page-title-main">Cooplands</span> UK bakery chain

Cooplands is the second largest bakery chain in the UK with over 160 outlets and 12 cafes located primarily across Yorkshire, County Durham and Lincolnshire in the United Kingdom. Cooplands produces takeaway food chiefly for the lunch-time trade, specialising in sandwiches, pasties, desserts, cakes, and bread. It competes with other local cafés and takeaway outlets, and national and international high street food chains and franchises.

Sanity is an online Australian music and entertainment retailer. The brand specialises in the sale of CDs, DVDs, Blu-rays and related merchandise and accessories. It is privately owned by Ray Itaoui. Previously operating through a chain of retail stores in Australia, it has been run as an online-only business since March 2023.

Cowgate is a locality in the north-west of Newcastle upon Tyne, England. It lies 2.8 miles Northwest of the City Centre. Initially it was in the Kenton ward up until 2018 which it was in the Blakelaw ward. The name is believed to come from the gate the local farmers would use from the Nuns Moor area to herd their livestock to the Newcastle cattle market.

Peters was a British bakery chain. Peters became defunct in 2012 and all bakeries were sold to family-run business Cooplands.

Baker & Taylor, a distributor of books to public and academic libraries and schools, has been in business for over 190 years. It is based in Charlotte, North Carolina and currently owned by President & CEO Amandeep Kochar. Before being acquired by Follett in 2016, Baker & Taylor had $2.26 billion in sales, employed 3,750, and was #204 on Forbes list of privately owned companies in 2008.

The history of California bread as a prominent factor in the field of bread baking dates from the days of the California Gold Rush around 1849, encompassing the development of sourdough bread in San Francisco. It includes the rise of artisan bakeries in the 1980s, which strongly influenced what has been called the "Bread Revolution".

<span class="mw-page-title-main">Bargain Booze</span> Chain of off-license tin the UK

Bargain Booze is a chain of off licence shops, that operates in the United Kingdom. Established in 1981 in Sandbach, it grew to 836 shops and established the Bargain Booze Select Convenience shop franchise.

<span class="mw-page-title-main">EG Group</span> British retail group

EG Group is a British operator of filling stations, convenience stores and food service providers across Europe, the United States and Australia. It was founded in Blackburn in 2001 by brothers Mohsin and Zuber Issa, initially as Euro Garages.

References

  1. "An extra 9 million pounds sterling through ABF checkouts. - Free Online Library". Archived from the original on 28 July 2014. Retrieved 24 July 2014.
  2. "YOUR MEMORIES. - Free Online Library".
  3. 1 2 Greggs buys Baker's Oven | Herald Scotland
  4. 1 2 "Greggs buys chain." Times [London, England] 28 May 1994: 22.
  5. 1 2 ABF rises on Baker's Oven sell-off plan The Observer (1901–2003) [London (UK)] 10 April 1994: A2.
  6. "ABF in talks on sale of Bakers Oven chain". Independent.co.uk . 23 October 2011.
  7. Ian Gregg (9 May 2013). Bread: The Story of Greggs. Transworld. p. 253. ISBN   978-1-4481-6855-2.
  8. Hemming Information Services (2006). The Retail Directory. The Retail Directory. p. 118. ISBN   978-0-7079-7086-8.